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ECA Marcellus Trust I (ECA Marcellus Trust I) Cyclically Adjusted Revenue per Share : $0.48 (As of Dec. 2023)


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What is ECA Marcellus Trust I Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

ECA Marcellus Trust I's adjusted revenue per share for the three months ended in Dec. 2023 was $0.039. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $0.48 for the trailing ten years ended in Dec. 2023.

During the past 12 months, ECA Marcellus Trust I's average Cyclically Adjusted Revenue Growth Rate was -28.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -25.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of ECA Marcellus Trust I was -25.30% per year. The lowest was -25.30% per year. And the median was -25.30% per year.

As of today (2024-04-30), ECA Marcellus Trust I's current stock price is $0.461145. ECA Marcellus Trust I's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.48. ECA Marcellus Trust I's Cyclically Adjusted PS Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ECA Marcellus Trust I was 4.42. The lowest was 0.15. And the median was 0.96.


ECA Marcellus Trust I Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for ECA Marcellus Trust I's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ECA Marcellus Trust I Cyclically Adjusted Revenue per Share Chart

ECA Marcellus Trust I Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.15 0.88 0.67 0.48

ECA Marcellus Trust I Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.63 0.57 0.53 0.48

Competitive Comparison of ECA Marcellus Trust I's Cyclically Adjusted Revenue per Share

For the Oil & Gas Integrated subindustry, ECA Marcellus Trust I's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ECA Marcellus Trust I's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ECA Marcellus Trust I's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ECA Marcellus Trust I's Cyclically Adjusted PS Ratio falls into.



ECA Marcellus Trust I Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, ECA Marcellus Trust I's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.039/129.4194*129.4194
=0.039

Current CPI (Dec. 2023) = 129.4194.

ECA Marcellus Trust I Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.386 99.695 0.501
201406 0.304 100.560 0.391
201409 0.212 100.428 0.273
201412 0.188 99.070 0.246
201503 0.121 99.621 0.157
201506 0.081 100.684 0.104
201509 0.081 100.392 0.104
201512 0.069 99.792 0.089
201603 0.056 100.470 0.072
201606 0.055 101.688 0.070
201609 0.077 101.861 0.098
201612 0.082 101.863 0.104
201703 0.117 102.862 0.147
201706 0.114 103.349 0.143
201709 0.082 104.136 0.102
201712 0.077 104.011 0.096
201803 0.087 105.290 0.107
201806 0.084 106.317 0.102
201809 0.084 106.507 0.102
201812 0.136 105.998 0.166
201903 0.095 107.251 0.115
201906 0.058 108.070 0.069
201909 0.041 108.329 0.049
201912 0.042 108.420 0.050
202003 0.027 108.902 0.032
202006 0.017 108.767 0.020
202009 0.019 109.815 0.022
202012 0.033 109.897 0.039
202103 0.059 111.754 0.068
202106 0.058 114.631 0.065
202109 0.091 115.734 0.102
202112 0.150 117.630 0.165
202203 0.119 121.301 0.127
202206 0.196 125.017 0.203
202209 0.209 125.227 0.216
202212 0.136 125.222 0.141
202303 0.066 127.348 0.067
202306 0.033 128.729 0.033
202309 0.026 129.860 0.026
202312 0.039 129.419 0.039

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


ECA Marcellus Trust I  (OTCPK:ECTM) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

ECA Marcellus Trust I's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.461145/0.48
=0.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of ECA Marcellus Trust I was 4.42. The lowest was 0.15. And the median was 0.96.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


ECA Marcellus Trust I Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of ECA Marcellus Trust I's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


ECA Marcellus Trust I (ECA Marcellus Trust I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ECA Marcellus Trust I (OTCPK:ECTM) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
601 Travis Street, 16th Floor, Houston, TX, USA, 77002
ECA Marcellus Trust I is a statutory trust which owns royalty interests in natural gas properties. The underlying properties of the company include working interests owned by Energy Corporation of America and the Private Investors in the Marcellus Shale formation in Greene County, Pennsylvania arising under leases and farm-out agreements related to properties.
Executives
Energy Corp Of America 10 percent owner 4643 SOUTH ULSTER STREET, SUITE 1100, DENVER CO 80237

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